Toronto Home And Condo Average Price Mid-February:

The Toronto Real Estate Board reported a 14.9 per cent increase in Home sales for the first two weeks of February.

The average selling price for all Home types in the Greater Toronto Area was $602,110, up by 10.3 per cent.

Toronto Detached Homes average price $1,056,238 up 10.9%

Toronto Semi-Detached Homes average price $717,556 up 3.4%

Toronto Townhouse average price $510,839 up -9.9%

Toronto Condos average price $373,934 up -0.1%

The average price of Toronto Condos is somewhat negative in the beginning of 2015, however strong competition between buyer should result in strong annual average price growth for low-rise Toronto Homes.

Iris Li, a Remax Toronto Realtor specializing in Toronto Downtown Condos and Toronto Luxury Homes sees a bullish 2015 in the year ahead.

Toronto Real Estate should continue from 2014 with almost all Toronto Home types appreciating in average price and perhaps even Toronto Condominiums, especially the Downtown Toronto Condos.

In 2014 the lack of listings for single-family Toronto Homes drove up the average resale Home price whether is was a fully Toronto detached Home, a semi-Detached Toronto Home, or even a TownHouse.

A great number of new Toronto Condos coming onto the resale Toronto Condo Market were rented out to the waiting renters who get a great deal in choosing the new Condo product, many in the most desirable locations like the Toronto Entertainment District or our new Distillery District Condo Listings for sale or rent.

Sophisticated modern Toronto city living with spectacular city and lake view will soon arrive.

One Bloor East Condominiums will represent a global address providing 100,000 square feet of new prime retail on three levels and adding 732 new residential Condominiums to the Yonge/Bloor neighbourhood.

At this location who needs a car:

Steps to Yonge/Bloor Subway Lines

Steps to Yonge/Bloor Shopping

Steps To Fine Restaurants/Cafes

Fine Bloor Street designers shops like Cartier/Gucci/Prada/Hermes and many more close by.

Steps To Yorkville Shopping/Hotels/Restaurants

Take a look and be sure to call me to arrange showings for any Condos that may just interest you!